XML 237 R45.htm IDEA: XBRL DOCUMENT v3.20.1
SHARE BASED AND OTHER COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of share-based compensation, activity
The following table sets forth the stock based compensation expense recognized during the years ended December 31, 2019 and 2018 and the unamortized portion of the stock based compensation expense and weighted average amortization period of the remaining vesting period for the year ended December 31, 2019 and 2018, the Company’s share-based compensation consisted of the following (dollars in thousands): 
 
Year Ended December 31,
 
2019
 
2018
 
Stock  
Options
 
Restricted  Stock
 
Total
 
Stock  
Options
 
Restricted Stock
 
Total
Share based compensation expensed
$
317

 
$
6,189

 
$
6,506

 
$
2,158

 
$
6,842

 
$
9,000

Unrecognized share-based compensation costs
$
100

 
$
1,228

 
$
1,328

 
$
487

 
$
3,501

 
$
3,988

Weighted average amortization period remaining (in years)
1.55

 
1.05

 


 
0.03

 
0.50

 
Schedule of share-based compensation, restricted stock units award activity
A summary of restricted stock grant activity pursuant to the 2012 Plan and the 2016 Plan for the year ended December 31, 2019, is presented below: 
 
Number of
Shares
 
Weighted
Average Grant
Date Price
Outstanding at January 1, 2018
2,475,266

 
$
4.22

Granted
1,194,944

 
$
4.59

Vested and issued
(1,436,146
)
 
$
2.38

Forfeited or canceled (1)
(1,280,480
)
 
$
4.44

Outstanding at December 31, 2018
953,584

 
$
4.85

Granted
3,684,372

 
$
1.46

Vested and issued
(2,341,269
)
 
$
2.39

Forfeited or canceled (1)
(894,512
)
 
$
2.94

Outstanding at December 31, 2019
1,402,175

 
$
1.26

(1) Forfeitures are accounted for as and when incurred.
Schedule of share-based compensation, stock options, activity
A summary of stock option activity pursuant to the 2016 Plan for the years ended December 31, 2019 and 2018, is presented below: 
 
Number
of Options
 
Weighted
Average
Exercise
Price
 
Number
of Options
Vested/
Exercisable
 
Weighted
Average
Remaining
Contractual Life
(Years)
Outstanding at January 1, 2018
7,305,000

 
$
3.74

 
3,534,484

 
8.9
Granted
352,500

 
$
4.07

 
 
 
 
Exercised
(1,024,877
)
 
$
2.67

 
 
 
 
Forfeited or canceled
(1,601,045
)
 
$
4.20

 
 
 
 
Outstanding at December 31, 2018
5,031,578

 
$
3.81

 
5,035,317

 
7.9
Granted
135,000

 
$
2.17

 

 

Exercised
—

 
$
—

 

 

Forfeited or canceled (1)
(1,578,228
)
 
$
3.14

 

 

Outstanding at December 31, 2019
3,588,350

 
$
4.05

 
4,125,842

 
7.2
(1) Forfeitures are accounted for as and when incurred.